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Oil prices to stabilise at between 'US$30 and US$50'

CIO of Credit Suisse Asia-Pacific says clear range for oil prices 'an absolute positive' for markets

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Published Thu, Apr 21, 2016 · 09:50 PM

    Singapore

    US$30 to US$50 per barrel - this is the range within which the chief investment officer of Credit Suisse Asia-Pacific thinks oil prices will stabilise.

    And John Woods believes that having oil prices moving within such a clear range will be an "absolute positive" for markets - and even whole economies.

    Oil pricescredit suisse

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